Nadella, Nooyi, Patel make it to highest-paid CEOs list

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SME Times News Bureau | 29 Apr, 2016
Indian origin Indra Nooyi, Bhavesh Patel and Satya Nadella made it to the list of 100 highest-paid CEOs in the world compiled by compensation information provider Equilar.

LyondellBasell Industries CEO Patel was placed sixth on the list with a total compensation of USD 24.5 million while PepsiCo's India Nooyi was at the eighth position with a pay cheque of USD 22.2 million.

Nadella, the Microsoft CEO made the cut at 26th position in the 100 highest-paid CEOs list with a total compensation of USD 18.3 million.

Oracle's Mark V. Hurd and Safra A. Catz topped the 100 highest paid global CEOs list with a total compensation of USD 53.2 million each.

Robert A. Iger of Walt Disney (USD 43.5 million), David M. Cote of Honeywell International (USD 33.1 million), General Electric's Jeffrey R. Immelt (USD 26.4 million), Randall L. Stephenson of AT&T (USD 22.4 million), Rupert Murdoch of Twenty-First Century Fox (USD 22.2 million) and James P. Gorman of Morgan Stanley (USD 22 million) made up the top 10.

According to Equilar, the median pay was USD 14.5 million in fiscal 2015 which grew by three percent from the previous year.

As many eight women CEOs made it to the list. "Median compensation for these eight women was USD 20 million in 2015, while average pay was USD 22.7 million," said Equilar.

California-based privately held Equilar generates information on executive compensation packages.